ASSAM STATE ELECTRICITY BOARD . vs STATUTORY COMMISSION . — C.A. No. 2825/2005

Summary: C.A. No. 002825/2005 – Assam State Electricity Board v. Statutory Commission On November 29, 2012, the Supreme Court disposed of the appeals by approving a settlement between Assam State Electricity Board and Bharat Hydro Power Corporation Limited (BHPCL). The appellants agreed to pay Rs. 34 crores total to BHPCL in full settlement: Rs. 15 crores already paid (adjusted) and remaining Rs. 19 crores payable by December 13, 2012. Additionally, the appellants committed to unconditionally transfer 51,00,000 equity shares of BHPCL to SPML Infra Limited and/or BHPCL. The Court accepted the settlement as fair and reasonable, with no order as to costs. This case analysis is maintained by casestatus.in based on publicly available court records.